Nonprofit · EIN 32-0496474
DREAM ACADEMY INC
Tax-exempt (reinstated) · CLERMONT, FL 34711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $520,931 | $521,969 | -$1,038 | $83,908 | $34,839 | $49,069 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $520,931
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $358,451
- Salaries, compensation and benefits (total)
- $392,802
- Professional fundraising fees
- $0
- Accounting fees
- $11,350
- Occupancy
- $69,282
- Depreciation
- $2,659
- Program services (functional)
- $2,500
- Management and general (functional)
- $519,469
Balance sheet and other
- Total assets, start of year
- $81,574
- Total assets, end of year
- $83,908
- Total liabilities, end of year
- $34,839
- Net assets, end of year
- $49,069
- Land, buildings and equipment
- $7,300
- Net assets without donor restrictions
- $49,069
- Gross receipts
- $520,931
- Employees
- 26
- Year formed
- 2017
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUZEL GARCIA | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2400 S HWY 27 STE 4111, CLERMONT, FL 34711-6818
- Principal officer (990 for 2024)
- LUZEL GARCIA, 2400 SOUTH HIGHWAY 27 STE 4111, CLERMONT, FL 34711
- Signed the 990
- LUZEL GARCIA, PRESIDENT
- Phone
- (407) 285-7008
- Website
- SLTABLET.COM
- Return prepared by
- KABA CONSULTING
Mission
OUR COMMITMENT IS TO HELP PARENTS FULFILL THEIR DREAMS OF SEEING THEIR CHILDREN SUCCEED, BY EMPOWERING EACH CHILD WITH THE APPROPRIATE TOOL TO REACH THEIR MAXIMUM POTENTIAL.
Program accomplishments
- PROGRAM INCOME
- DONATIONS
- OTHERExpenses $2,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 32-0496474
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P82)
- Assets (IRS master file)
- $83,908
- Income (IRS master file)
- $520,931
Revocation and reinstatement
- Exemption revoked
- May 15, 2019
- Posted by the IRS
- August 12, 2019
- Reinstated
- Effective May 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $520,931 | $521,969 | $83,908 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0496474).
Questions about DREAM ACADEMY INC
- What is the EIN of DREAM ACADEMY INC?
- The employer identification number (EIN) of DREAM ACADEMY INC is 32-0496474.
- Is DREAM ACADEMY INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
- Are donations to DREAM ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAM ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DREAM ACADEMY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREAM ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DREAM ACADEMY INC?
- The 990 for the year ended December 31, 2024 names LUZEL GARCIA.
- Who are the officers and directors of DREAM ACADEMY INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does DREAM ACADEMY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $520,931, expenses of $521,969 and total assets of $83,908 at year end.
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